September 28, 2017
Driven by good customer values, cost-effective operations and low bunkers costs the Color Group has been able to come up with strong H1 results.
Colour Group H1 Results 2017
- Total number of passengers: 1,663,468 (1,670,821)
- Total number of 12m equivalent freight units: 89,715 (89,289)
- Total operating revenues of NOK 2,123 million (NOK 2,094 million).
- Operating expenses: status quo with NOK 1,806 million.
- The company is experiencing a positive trend for revenue per guest.
- About 70% of estimated bunkers consumption in 2017 is secured. Approximately 65% of the company’s estimated bunkers consumption for 2018, and 30% for the year after have been secured at attractive levels.
- Operating profit (EBIT) was NOK 50 million (NOK 20 million).
- Profit before tax expense was NOK – 79 million (- NOK 21 million).
- The total result was NOK – 114 million (NOK 67 million)
Photo: Color Line